“This will help us to grow our insurance and reinsurance brokerage business worldwide,” he added.

Managing Director Sabrina Ramrup also commented: “We are incredibly proud and privileged to be approved as a Lloyd’s broker.

“Lloyd’s financial strength is derived from its unique capital structure, and this will help us provide world class service to all our customers.”

A&P currently offers services for treaty and facultative reinsurance, with a focus on credit risks insurance, energy, professional risks and speciality lines, including agriculture, space and cyber liability.